Hong Kong Markets Regulator Ashley Alder to Take U.K. Role

Hong Kong Markets Regulator Ashley Alder to Take U.K. Role

One of Hong Kong’s top financial officials, Ashley Alder, is leaving his role as chief executive of the city’s markets regulator to become chair of the U.K. Financial Conduct Authority.

The Securities and Futures Commission, an independent body established in 1989 to regulate Hong Kong’s securities and futures markets, has developed a reputation for being a much more proactive gatekeeper under Mr. Alder, who has been CEO since October 2011.

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